New White Paper: Analysis – Developing Effective Front-line Managers

Frontline managersEffective human capital management (HCM) strategies include an emphasis on developing effective front-line managers who are critical to your business. They manage and supervise field-level or customer-facing employees – your most critical asset in delivering value to your customers. Yet front-line managers often don’t have access to adequate tools and information necessary to support their direct reports, are overburdened by too much administrative work, have too wide a span of control, and are not empowered to incentivize and motivate their employees or team members.

A proper foundation for resourcing front-line managers begins with ready access to data on their employees and automated processes for routine, transactional, and administrative tasks. Easily accessing time and attendance, performance evaluation, and pay history data, for example, provides front-line managers with the much needed comprehensive view of their employees to monitor, coach, and make informed decisions. In addition, smart automation of compliance and administrative processes can free up managers to actually spend more time engaging with and developing their direct reports, driving the entire organization to greater success overall.

For further insights on developing effective front-line managers, click here to view our most recent white paper on the topic, courtesy of the Workforce Institute at Kronos.

To learn more about how cloud-based human capital management technology can streamline your company’s payroll and HR functions, don’t hesitate to contact one of our PayNorthwest specialist toll-free at +1.866.729.6920.

 

PayNorthwest and Pacific Continental Bank Partner to Provide Local SMBs with Best-in-Class Banking and Payroll Services

Provider of cloud-based payroll and human capital management solutions joins forces with local bank to deliver secure paycheck services to small- to medium-sized Pacific Northwest businesses

Seattle, Wash., October 3, 2016 – PayNorthwest LLC, a provider of cloud-based payroll and human capital management solutions (HCM), announced today that it has partnered with Eugene-Ore.-based Pacific Continental Bank to provide Pacific Northwest small- to medium-sized businesses with best-in-class banking and payroll services. As part of its payroll service offering, PayNorthwest provides clients protection against common check fraud, as well as escheatment and reconciliation relief for traditional paper pay checks. By banking this piece of their business with Pacific Continental Bank, PayNorthwest gains a partner with best-in-class, responsive treasury services. This new banking relationship extends and deepens Pacific Continental Bank and PayNorthwest’s already existing relationship designed to introduce bank business clients to PayNorthwest’s reliable and market-leading payroll services and HCM technology.

“PayNorthwest has been a long-standing partner of ours for many years. This new banking relationship with PayNorthwest comes on the heels of our recent acquisition of Foundation Bank that strengthens our presence in the Puget Sound market,” explains Nick Anderson, senior vice president and relationship banking manager at Pacific Continental Bank. “This agreement builds on our vision to secure a better future for local businesses and on PayNorthwest’s vision to be the trusted payroll and HCM partner for businesses throughout the Northwest.”

“We have a lot in common with Pacific Continental Bank – a vision for a vibrant, healthy, and supported business climate in the Pacific Northwest, customers with a similar profile, and a mutual commitment to providing best-in-class services to our local and regional businesses and not-for-profits,” adds Michael Anderson, president, founder, and CEO of PayNorthwest. “This agreement enables PayNorthwest to better serve its clients by reducing risks related to check fraud and adds additional assurance that payroll funds end up only in the hands of the people they are intended for – our clients’ hard-working employees.”

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About PayNorthwest LLC

Founded in 2008, PayNorthwest LLC is a payroll and human capital management software and services firm headquartered in Seattle, Wash. It helps small to mid-sized businesses in a variety of industries as well as non-profits across the United States more effectively manage their workforce and streamline their business with single-source, cloud-based human resource information system (HRIS), time and attendance, and payroll solutions. In 2016, PayNorthwest ranked #1627 in Inc. 5000’s fastest-growing private companies in the U.S. and one of Puget Sound Business Journal ‘s 100 Fastest-Growing Companies in Washington state. For more information, please visit us online at www.paynorthwest.com, read our blog, or connect with us via LinkedIn, Twitter, or YouTube.

About Pacific Continental Bank

Pacific Continental Bank, the operating subsidiary of Pacific Continental Corporation, delivers highly personalized services through 15 banking offices in Oregon and Washington. The bank also operates loan production offices in Tacoma, Wash. and Denver, Colo. With $2.4 billion in total assets, Pacific Continental has established one of the most unique and attractive metropolitan branch networks in the Pacific Northwest with offices in three of the region’s largest markets, including Seattle, Portland, and Eugene. Pacific Continental targets the banking needs of community based businesses, healthcare professionals, professional service providers, and nonprofit organizations. Since its inception in 1972, Pacific Continental Bank has been honored with numerous awards and recognitions from highly regarded third-party organizations, including The Seattle Times, The Portland Business Journal, Seattle Business magazine, and Oregon Business magazine. Pacific Continental Corporation’s shares are listed on the Nasdaq Global Select Market under the symbol “PCBK” and are a component of the Russell 2000 Index. For more information, please visit us online at www.therightbank.com.

PayNorthwest Ranks #1627 in 2016 Inc. 5000

PNW Inc. 5000PayNorthwest is proud to announce that it ranks #1627 in the 2016 Inc. 5000, an elite list of the fastest-growing private companies in the United States.

The company’s revenue increased by 231% from 2012 to 2015 when it reached $3.4 million.

“This is our first year being featured on the prestigious Inc. 5000 ranking and we are very honored to be a part of it,” explains Mike J. Anderson, President & CEO of PayNorthwest. “We have been on an amazing growth trajectory since 2012 and we’d like to thank our loyal customers for trusting PayNorthwest with their human capital management needs, our employees for their dedication, and our business partners for their support.”

Click here for the full 2016 Inc. 5000 rankings.

New White Paper: The ROI of Automating Your Human Capital Management

PNW WPHuman Capital Management (HCM) is the set of processes related to your organization’s payroll, human resources (HR), time and attendance, scheduling, and other personnel administrative needs. Through automating HCM functions, businesses can see significant savings in the form of time, money, litigation exposure, and overall aggravation.

We invite you to click here to download our new ROI white paper to discover the specific areas where savings can be found, including:

  • Payroll processing
  • Payroll inflation
  • Employee absenteeism
  • Unnecessary overtime
  • FMLA and leave time
  • Wage and hour compliance exposure
  • Employee self-service
  • HR productivity
  • Employee engagement and satisfaction

To learn more about how cloud-based human capital management technology can benefit your business, don’t hesitate to contact one of our PayNorthwest specialist toll-free at +1.866.729.6920.

Have Salaried Employees and Don’t Need Workforce Management Tools? Think Again!

From our partners at Kronos

Ensuring the efficiency of your business means that you understand how to optimize your entire workforce, whether hourly or salaried. Here are three tips on how to leverage workforce management to drive an enhanced organizational effectiveness strategy for your organization:

Minimize Labor Compliance Risk

The management of FLSA, FMLA, and ACA regulatory guidelines applies to the entire workforce. Creating and sustaining a culture of compliance, accountability, and record keeping is vital for all organizations, big or small.

Companies need tools that provide average hours worked for full-time, part-time, hourly, and salaried workers, providing a holistic view of hours worked for all employees.

Workforce management toolsManage Accrual Liability Costs

Today, most organizations track hourly employees’ benefit data such as vacation time and sick time. Yet they are much less disciplined when tracking their salaried workforce. Organizations should also look to maintain accurate salaried time-off data.

Workforce management solutions provide an ideal way to manage time-off requests and separation policies, including accrual payoffs. Providing accurate information for liability and financial reporting curbs unnecessary costs.

Manage Labor Costs

With a globally dispersed workforce, organizations must optimize their workforce management strategy to balance labor costs, productivity, and compliance risk. Labor represents your largest expense, so it needs to be carefully planned for and managed. Configurable pay rules, including overtime and schedules as well as accruals and attendance insight, give you the flexibility you need to manage both your hourly and salaried staff.

The right workforce management solution can give your organization the tools it needs to allocate skilled resources to meet short-term and long-term strategies.

Workforce management solutions can help organizations control labor costs, minimize compliance risks, and maximize productivity of their entire workforce, both salaried and hourly. Questions? Please contact a PayNorthwest specialist toll-free at +1.866.729.6920.

Are You Ready for the New DOL Overtime Regulations? Here’s a Handy Checklist!

DOL overtime ruleFrom our partners at Kronos

On May 18th, 2016, the U.S. Department of Labor (DOL) published its final rule updating overtime regulations for U.S. businesses. Effective as of December 1st, 2016, the new rule is expected to extend overtime pay protections to more than four million Americans not currently eligible under federal law.

Now is the time for your organization to start getting ready to comply with the new regulations!

Click here to download our comprehensive readiness checklist. 

Delay of the Affordable Care Act’s Employer Mandate Provision

Most likely you have heard by now that the Obama Administration has announced that it would delay enforcement of the employer mandate under the Affordable Care Act (ACA) until 2015. This is big news.  The employer mandate requires employers with 50 or more full-time employees to offer health insurance to their employees or pay a penalty (shared responsibility). By delaying the employer mandate provision, the administration is delaying the majority of the compliance reporting related to the ACA for employers over or near the 50 employee mark. The laws two other main provisions, the expansion of Medicare and the personal mandate to obtain coverage are still on track. It is important to note as well  that the essential health benefits requirement relating to small employers is also still in effect. That is, if you are a small employer (under 50 employees) who happens to offer a health plan, your plan will still need to meet the essential health benefits outlined in the ACA. In other words, your rates could very well go up if you are a small employer who offers a health plan.

Important in this announcement is the reason for the delay. The administration has specifically acknowledged the complexity of required reporting and the need for more time for employers to prepare for this. This acknowledgement would seem to leave the door open for a revision (dare I say Simplification?) of reporting requirements. We shall see. Predicting the future of the ACA has proven to be treacherous. In the meantime, employers can breathe a sigh of relief but should use this brief reprieve to position themselves for flexible, robust reporting of their wages and hours. When the ground shifts, those with a solid foundation survive. The lesson of this recent twist in the roll out of the Affordable Care Act? Keep moving towards a unified workforce management platform with flexible reporting and stay tuned.